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Showing posts from August 26, 2019

Unequal Sequel: China’s Belt and Road Initiative

A nation must think before it acts.E-NOTES

Felix K. ChangAugust 6, 2019 Asia ProgramDuring the spring of 2019, China’s Belt and Road Initiative (BRI) notched up some notable successes. In March, Italy became the first major Western country to sign up as a participant. Then in April, Malaysian Prime Minister Mahathir Mohamad announced that his country would proceed with the BRI-backed East Coast Rail Link, a railway project across peninsular Malaysia. His revelation at the BRI’s second forum in Beijing reversed his government’s earlier statements that it would cancel the project. The two successes were much needed after a year or more of unrelenting headwinds for the BRI.Once known separately as the “Silk Road Economic Belt” and the “21st-Century Maritime Silk Road” and then together as the “One Belt, One Road” initiative before its current appellation, the BRI has never been particularly well defined. Even so, it is credited with having financed over $200 billion-worth of infrastructur…

Has the PTI made any progress in Balochistan?

The release of a number of missing persons and the inauguration of the Zhob-Quetta road are the only positives so far.Rafiullah KakarUpdated about 3 hours agoThe Pakistan Tehreek-i-Insaf (PTI) made several pledges to Balochistan in its manifesto for the 2018 general elections, such as championing political reconciliation in the province, ensuring that its people get their share of benefits from the China–Pakistan Economic Corridor (CPEC), initiating a poverty alleviation drive and empowering people at the grassroots through local government.One year on, the PTI trails behind on nearly all these promises.Political reconciliationThe PTI’s promise to “empower the Balochistan government to launch and champion large-scale efforts for political reconciliation” and to “reach out to the Baloch leadership and disgruntled Baloch groups” was arguably its most important, and difficult, challenge.But contrary to campaign promises, the PTI government has yet to initiate any effort to reach out to t…

Economic decision taken for Balochistan border areas

SOHAIL SARFRAZ AUG 26TH, 2019ISLAMABADFederal Board of Revenue (FBR) will finalise a plan for establishing border markets to curb smuggling and generate economic activity at border areas of Balochistan, issuing tax holiday notifications for Gwadar Port, strengthening customs operations at border terminals and implementing new anti-smuggling strategy.Sources told Business Recorder that the decisions have been taken in the last meeting of the National Development Council (NDC) which took key decisions for the Balochistan Development Plan. Under the Balochistan Development Plan, the NDC has also decided to establish Saudi oil refinery at Gwadar, improve security in border areas of Balochistan by completing fencing at borders, facilitate exploration of oil and gas resources in Balochistan and establish a port at Gaddani.The NDC has decided that the FBR customs department and Federal Investigation Agency (FIA) would strengthen their operations at border terminals and intensify anti-smuggli…

Cabinet body likely to approve CPEC Authority establishment today

Meeting to also review progress on CPEC projects, briefing on development agreement of Rashakai SEZ and preparation for JCC meeting Four-point agenda related to overall progress on CPEC to be discussed
Fawad YousafzaiAugust 26, 2019
Islamabad - The Cabinet Committee on China-Pakistan Economic Corridor (CCoCPEC) is likely to approve the establishment of the CPEC Authority today (Monday).READ MORE: News of Pakistan’s blacklisting by FATF part of Indian information warfare: Mian ZahidThe Cabinet Committee on CPEC (CCoCPEC) is meeting here to discuss four-point agenda related to overall progress on CPEC, official sources told The Nation on Sunday. The CCoCPEC is likely to recommend the establishment of the CPEC Authority to the federal cabinet for its approval, said the source,According the agenda the Cabinet Committee on CPEC will review the progress on CPEC projects, establishment of CPEC authority, briefing on development agreement of Rashakai Special Economic Zone (SEZ) and preparation …